Hi Dcarraher, and welcome to EvC. I hope you'll stick around
Others have picked up most of your points, but I want to pick up a few points:
1) Information - the RNA is merely undergoing chemical reactions, it is not following "instructions" (e.g. DNA) to regenerate.
What is information? Why is the ability of the RNA in this experiment to catalyse it's own replication not to be considered information? What property of this replication is there that distinguishes it from DNA replication in such a way that this is not information but DNA replication is?
2) Translation - there is no mechanism for "interpreting" the information (non-existent) of the RNA and utilizing to build a product (e.g. Protein)
Ribozymes (that is, RNA with catalytic properties) are a key part of the DNA replication and translation processes, these RNAs are not translated from DNA but rather simply transcribed. Why is it such a problem that the same occurs here? Particularly as the whole point of the experiment is to demonstrate the possibility of simpler systems?